Pure Cycle Corporation Appoints Daniel J. Roller to its Board of Directors

Core Viewpoint - Pure Cycle Corporation has appointed Daniel J. Roller as an independent director, expanding its Board from 7 to 8 members, which aims to enhance the Board's capabilities and strategic direction [1][2] Group 1: Board Appointment - Daniel J. Roller, President of Maran Capital Management, has been appointed to the Board of Directors effective January 14, 2026 [1] - The appointment was made in collaboration with Maran Capital Management, which owns approximately 14.7% of Pure Cycle's common shares [1][2] - A new Strategy and Capital Allocation Committee will be formed, chaired by Mr. Roller, to optimize the company's strategy and capital allocation [1][2] Group 2: Company Overview - Pure Cycle operates as a vertically integrated wholesale water and wastewater service provider, with three distinct business segments that complement each other [4] - The company launched its land development segment in 2017, focusing on developing master-planned communities while providing water and wastewater services [4] - In 2021, Pure Cycle introduced a rental business for single-family homes at Sky Ranch, which generates long-term recurring revenues and supports its land development operations [4] Group 3: Mr. Roller’s Background - Mr. Roller is the Founder, President, and Chief Investment Officer of Maran Capital Management, which focuses on long-term investments in small-cap companies [3] - He has over 20 years of experience in investment research and management, advising on M&A, capital allocation, corporate governance, and strategy [3] - Mr. Roller holds a B.S.E. in Electrical Engineering and Computer Science from Duke University [3]